The housing market in Perrinton, MI is strong. The median value of houses in the area is $222,300, which is significantly lower than the US median value of $338,100. In the past year, house values have appreciated by 8.98%, higher than the average appreciation rate of 8.27% nationally. This indicates that there is a healthy demand for housing in Perrinton, and that prices will likely continue to rise over time.
The median home cost in Perrinton is $222,300. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Perrinton is up 12.2%.
Average Age of Homes
- The median age of Perrinton real estate is 45 years old
The Rental Market in Perrinton
- Renters make up 33.0% of the Perrinton population
- 3.0% of houses and apartments in Perrinton, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.